This paper studies the effectiveness of collusion in the DRAM cartel. Like other high technology products, DRAM is … characterized by learning-by-doing and multi-product competition. I hypothesize that collusion is more difficult to sustain on a new …

This paper studies the effectiveness of collusion in the DRAM cartel. Like other high technology products, DRAM is … characterized by learning-by-doing and multiproduct competition. I hypothesize that collusion is more difficult to sustain on a new …

In this study, we designed a delayed payment mechanism in laboratory second price auctions (SPAs) under which subjects …

markets in silico, using electricity markets and on-line double auctions as illustrations. A monopoly sealed-bid auction is …

We analyze pre and post-task confidence in an experiment in which subjects bid in multi-unit common value auctions …

We propose a novel approach to the modelling of second-price Maximum-Value auctions that assumes no belief about others …

Spectrum auctions in the United Kingdom have been mostly successful in achieving their objectives, suggesting that … potential lessons can be learned for auctions elsewhere, given the mixed picture worldwide of positive and negative experiences …. Good auction design benefits from learning both between scholars and practitioners and across a series of auctions. Lessons …